West Texas Intermediate (WTI) crude prices moved higher early Wednesday during the European session, reflecting renewed buying momentum in the oil market. WTI is currently trading at $58.23 per barrel, marking an increase from Tuesday’s close of $57.56.
Similarly, Brent crude extended its gains, climbing from $61.39 in the previous session to $62.08 per barrel. The upward movement in both benchmarks highlights a positive start for the energy market in Europe, supported by improving risk sentiment and steady demand expectations.